Summary
Mondelēz International, Inc. (MDLZ) filed an 8-K on December 6, 2013, to report on its announcement and pricing of a public offering of debt securities. The offering includes floating rate notes due 2015, fixed rate notes due 2017, and fixed rate notes due 2021. This action indicates the company is actively managing its capital structure and seeking to raise funds through debt issuance. The company entered into a Terms Agreement with several underwriters, including Credit Suisse Securities (Europe) Limited, HSBC Bank plc, and Merrill Lynch International, to facilitate the sale of these notes. The offering is expected to close on December 11, 2013, subject to standard closing conditions. Investors should note that this filing pertains to debt financing and not equity issuance.
Key Highlights
- 1Announcement and pricing of a public offering of debt securities by Mondelēz International.
- 2The offering includes Floating Rate Notes due 2015, Fixed Rate Notes due 2017, and Fixed Rate Notes due 2021.
- 3The company entered into a Terms Agreement with Credit Suisse, HSBC, and Merrill Lynch as underwriters.
- 4The debt offering is being conducted under an existing Registration Statement on Form S-3.
- 5The expected closing date for the Notes Offering is December 11, 2013.
- 6This filing is an 'Other Events' disclosure (Item 8.01) and related exhibits (Item 9.01).